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Renold plc has acquired the entire issued share capital of Ognibene S.p.A., an Italian manufacturer of transmission chain, for a total cash consideration of €10 million.
“Renold, a leading international supplier of industrial chains and related power transmission products, is pleased to announce that it has acquired the entire issued share capital of Ognibene S.p.a.”advfn.com
Summarized from public sources; check the original articles before acting on it.